1.2 million Spanish citizens are unemployed for the past 3 years

Spain-Unemployment
Spain-Unemployment

The optimism of the Spanish government to revive the economy and the consequent reduction of unemployment is contradicted, as the latest statistics resulted that the long term unemployment is rising and with it rises the number of despondent unemployed citizens, who after years of searching are giving up the effort to find a job. According to the Statistical Office of Spain, the Ine, the number of unemployed who have lost their jobs for at least three years came last year to 1,275,700 people in a total of 5,521 million unemployed jobseekers in 2013. Representing the 23% of all unemployed increasing by 234,200 people over the last two years.

Spain-Unemployment

Spain-Unemployment

The result is that 483,600 Spanish citizens gave up trying to find a job and the number of those that are disenchanted unemployed has made a total increase of 21.3% over the past three years. This category includes unemployed people aged at 55 years old or more, a population category in which the dropout rate effort jumped to 35% in the last three years, reaching to 195,000 from 145,000. The image is reversed, however, in the age group below 30 which has an increase of 5.5% of unemployed job seekers. The number of those not seeking for work from this age group reaches only 51.700 people.

Spain-Unemployment

Spain-Unemployment

As regards the reduction of 2,300 people recorded in the last three months the number of unemployed, are limited to 5,933,000 people, the details of Ine show that this reduction is neutralized by the reduction of 187,000 workers at the same time. As reported by the Statistical Office, the number of workers in Spain is reduced continuously from the first quarter of 2011 and today is limited to 22.88 million people recording an overall decrease of 750,000 people.

Spain-Unemployment

Spain-Unemployment

According to Ine, an important factor is the pessimism prevailing in the wider population ridden the economic crisis of the Iberian country, but the key factors are: 633.000 less foreigners in Spain, increase in the number of pensioners, currently there are 355,300 more than in 2011 and that many more young people prolong their studies during which they do not work or look for a job.

Spain-Unemployment

Spain-Unemployment

The Sky picture of the Spanish labor market supplements, of course, the jobless rate, which at the end of March had risen to 25.93% from 25.73% where it was last December. It is understandable that the continued rise in unemployment is extremely ominous taking into account that the Spanish economy recorded in its first quarter the strongest growth of the last six years, which was just 0.4%. However, as stressed by Ine, the number of people competing for a job is rising. A recent study of the job search company Asempleo showed that in each new job created in Spain correspond 110 unemployed jobseekers.

Spain-Unemployment

Spain-Unemployment

By Nicole P.

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